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Power player
POWER & RENEWABLE ENERGY

Power player

More power to Shersingh Khyalia, who has been appointed the Chief Executive Officer at Adani Power Ltd (APL). APL is a part of the Gautam Adani-led Adani Group. A chartered accountant, he has over 32 years of experience in the power industry, including generation, transmission and distribution....

More power to Shersingh Khyalia, who has been appointed the Chief Executive Officer at Adani Power Ltd (APL). APL is a part of the Gautam Adani-led Adani Group. A chartered accountant, he has over 32 years of experience in the power industry, including generation, transmission and distribution. His expertise spans power trading, the legal, regulatory and commercial, finance and accounts segments and the PPA management aspects of the power business. He has also served as director on the boards of several power distribution companies, including Power Exchange (India) and Paschim Gujarat Vij Company.

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Building Material

Steel Ministry Plans Mining Vertical at SAIL

The Ministry of Steel is considering the creation of a dedicated mining vertical within Steel Authority of India Ltd (SAIL) to enhance iron ore production, a senior government official has confirmed.The proposal, currently under discussion at the ministerial level, aims to streamline and strengthen SAIL鈥檚 mining operations in support of its long-term expansion strategy. SAIL, one of India鈥檚 largest integrated steel producers, holds several captive iron ore blocks across the country.鈥淭he Ministry is in talks with the company. The structure of the proposed vertical is being worked out and ..

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Infrastructure Urban

Foxconn Invests Rs 125 Bn to Expand India Operations

Hon Hai Precision Industry Co., better known as Foxconn and the main assembler of Apple鈥檚 iPhones, is strengthening its footprint in India with a fresh investment of USD 1.5 billion (around Rs 125 billion) into its local subsidiary. The funding, channelled through Foxconn鈥檚 Singapore-based arm, was disclosed in a regulatory filing and is set to fast-track the company鈥檚 manufacturing expansion in southern India.This strategic move is part of Apple鈥檚 ongoing effort to diversify its global supply chain and reduce its dependence on China, amid rising trade tensions and tariff threats betwe..

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Infrastructure Transport

MahaMetro To Procure 300 Buses for Metro Connectivity

In a significant move to improve last- and first-mile connectivity, MahaMetro is finalising the Detailed Project Report (DPR) for the procurement of 300 feeder buses to serve Metro corridors in Nagpur. Officials confirmed that the report will be submitted to the Maharashtra government within a month for approval.A senior MahaMetro official stated that the state government will first assess the financial viability and other essential aspects of the project. Depending on its decision, the proposal may then be forwarded to the Union government for final clearance.This initiative is part of broade..

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